🇸🇦 SaudiBizCode 2026
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SSIC 642003 activity

Possessing real estate and movables required for Holding Companies

امتلاك العقارات والمنقولات اللازمة للشركات القابضة

Compliance Risk Score

80/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Nitaqat localization rules mapped
  • GOSI registration status verified

📌 Description

SSIC 642003: Possessing real estate and movables required for Holding Companies. Supervised by Ministry of Commerce. Used for company registration, Nita...

📖 Description

Non-commercial activities practiced by Holding Companies to own real estate and movables needed for their subsidiaries or joint companies that they have a dominant share in their capital .

Supervisory entity: Ministry of Commerce

Licensing entity: Ministry of Municipal and Rural Affairs

Occupations Related to this Activity

331202 Real-estate Funding Officer 331504 Real Estate Appraiser 333401 Real Estate Supervisor 333402 Real Estate Agent 333403 Real estate broker

Related Codes

642001 Management of Holding Companies subsidiaries 642002 Investing the funds of the Holding Companies subsidiaries 642004 Providing loans, guarantees and financing to the Holding Companies Subsidiaries 642005 Possessing industrial property rights for Holding Companies Subsidiaries 642006 Leasing the Industrial property rights for Holding Companies Subsidiaries

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

🎯
Nitaqat

Saudization quotas by sector via Qiwa

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Licensing

Permits from supervisory authorities

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Statistics

National reporting — GASTAT

FAQ

What is SSIC code 642003?

SSIC code 642003 corresponds to 'Possessing real estate and movables required for Holding Companies' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a activity-level code used in business registration and government filings in Saudi Arabia.

When should I use SSIC 642003?

Use SSIC code 642003 when your main business activity is 'Possessing real estate and movables required for Holding Companies'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.

What Saudization rate applies to SSIC 642003?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 642003. Rates were updated in 2025-2026 for most sectors.

📋 Data Source & Disclaimer

Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.

This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.

This is an independent, free reference resource. Please verify critical information in official government sources before making legal or licensing decisions.
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